PayAccept and NEXT.Exchange merge into 2021

Community manager
2 min readDec 31, 2020

--

We’re approaching year’s end, and I think we can convincingly say this has been one of the craziest years in history. With Covid-19 still holding the world in her grip, we’re starting to see the light at the end of the long and dark tunnel. In a much less impactful way, we feel the entire crisis reflects, and we decided to launch with PayAccept in Juni to release our vision to create a new payment processor in the space of decentralized finance. DeFi was a significant hit in 2020 and our crowdfunding, which took place in August. Over the last months, we ramp up the team and start realizing a suitable company structure to ensure our operations in the EU and the United States to get the Electronic Money Institute License. It’s a lot of legal paperwork, and therefore there was not a lot of progress to see on our website, but that doesn’t mean we did nothing; in the background, a lot of exciting things are going on.

One of these things is that we will merge NEXT.exchange (https://next.exchange) into the PayAccept platform. NEXT.exchange is an innovative crypto-exchange platform, and their team proved themselfs after months of hard work by releasing version 2.0. A unique combination is formed where both will benefit by combining a payment provider with a cryptocurrency exchange. Combining PayAccept’s platform where the newest technologies are integrated like Bitcoin lightning will definitly speed up things. Also it will make the way free to enable more features, which are not possible if you are running acting as a payment provider or cryptocurrency exchange. One of the facts is that we can list more than only cryptocurrencies; think about EFT’s where we combine stocks from companies or releasing STO’s together with venture capitalists. We strongly believe that this step will bring value to PayAccept for the year 2021.

For now we are very excited about the road ahead, and we hope you are also. We want to thank you for staying with us, being this patient, and understanding that we couldn’t wish for a better community. For now, we’re going to enjoy some well-deserved rest and enjoy new years eve. Stay safe, and see you in 2021!

--

--